Insurance Definition: INLAND MARINE INSURANCE

By Compuquotes Team on March 27th, 2008

INLAND MARINE INSURANCE:

Definition:

This broad type of coverage was developed for shipments that do not involve ocean transport. Covers articles in transit by all forms of land and air transportation as well as bridges, tunnels and other means of transportation and communication. Floaters that cover expensive personal items such as fine art and jewelry are included in this category. (See Floater)